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Bryan J. Lima

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Top Stories by Bryan J. Lima

I'm sure there are many people asking the question, "Is now the right time to buy?". Nobody really knows for sure. However, there are some facts that you can look at to help evaluate whether or not now is the right time to buy. For one, mortgage rates are currently close to the lowest they've been in almost 50 years. In addition, home prices are low and probably close to the bottom. There may be a little more ways to go, but I think we're close. With the Spring homebuying season upon us, we may see an increase in sellers in the market, which will increase inventory and possible push home values even lower. Read more According to Federal Reserve Chairman Ben Bernanke, an economic recovery will not begin until next year. Read more Along with low home prices and low mortgage rates, there's also the First-Time Homebuyer Tax Credit of up to $8,000. This is an additional ... (more)

GOOG-411 - This is great!

I recently discovered a great new service brought to you by Google. If you're tired of paying to call 411, this is a perfect alternative. It's called GOOG-411 and it's free! All you have to do is dial 1-800-GOOG-411 from you phone. For all you BlackBerry users it's 1-800-466-4411. You can access the service from a mobile phone or a land line. It's also voice activated, so you don't have to press any numbers on your keypad if your driving or busy doing something else. It's very simple, just say where you're looking and what you're looking for. The service will then connect you dir... (more)

Pending Home Sales Rise Again

DAILY REAL ESTATE NEWS | THURSDAY, DECEMBER 29, 2011Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 7.3 percent to 100.1 in November from an upwardly revised 93.3 in October and is 5.9 percent above November 2010 when it stood at 94.5. The October upward revision resulted in a 10.4 percent monthly gain. The last time the index was higher was in April 2010 when it reached 111.5 as buyers rushe... (more)

Price Reduction!! 17 Pierce Ave in Midland Park, NJ

$365,000 FIRST FLOOR FEATURES ENTRY HALL, LARGE LIVING ROOM WITH HARD WOOD FLOORS, MODERN EAT-IN KITCHEN, NEWER HALF BATH AND DINING ROOM. THE SECOND FLOOR HAS THREE BEDROOMS AND A FULL BATH. THE UNFINISHED BASEMENT CONTAINS A LANDRY AREA. VERY DEEP BACKYARD, LARGE DRIVEWAY WITH PLENTY OF PARKING, NEWER ROOF, TWO-CAR GARAGE WITH NEWER DOOR AND LARGE SHED. WITHIN MINUTES FROM MIDLAND PARK AND RIDGEWOOD'S DOWNTOWN, THE MIDTOWN DIRECT TRAIN STATION TO NEW YORK CITY'S PENN STATION AND NEWARK LIBERTY INTERNATIONAL AIRPORT. THIS IS A GREAT OPPORTUNITY TO LIVE IN SOUGHT AFTER TOWN OF MI... (more)

Bergen County, NJ Real Estate Market

Real Estate on Ulitzer New Jersey's high cost of living makes it very difficult to purchase a home. Bergen County, NJ is the highest among all markets in homeownership affordability and also happens to be the most populous county in NJ. The median home price in Bergen County is $481,250. According to a 2007 estimate by the US Census Bureau, the median income of a family is just shy of $97,000. If you assume that not more than 28% of the household income should be used for the mortgage payment, that would mean that it should not be higher than $2,263 per month. Based on today's m... (more)